EBay Rejects GameStop's $55 Billion Offer as 'Neither Credible Nor Attractive'

Bearish-2.35%
12 May, 14:37
Source: Decrypt

AI Summary

eBay rejected GameStop's $55.5 billion unsolicited acquisition offer as insufficient, signaling eBay's confidence in higher valuation while GameStop's strategic move was rebuffed.

Publicly traded online marketplace eBay slammed GameStop's unsolicited $55.5 billion acquisition offer as insufficient.